Vida Global CEO Lyle Pratt’s engagement with $CTO, a Solana memecoin paired with xStocks’ tokenized Vida Global equity $VIDAx, has helped propel trading activity around the company’s blockchain-linked shares. After rising to a $5 million market cap before falling to about $100,000, $CTO gained renewed attention following Pratt’s September 2 and September 3 comments on communities forming around tokenized-equity experiments and the mechanics connecting such assets with traditional shares. Onchain data shows 4.3 million $VIDAx tokens in circulation on Solana, valued at $11.2 million, compared with about $37 million for Vida Global’s total market cap according to TradingView data. That implies roughly 31% of the company’s estimated market capitalization is represented by $VIDAx, although the comparison assumes TradingView has not adjusted for shares removed from traditional circulation. More than $124,000 worth of $VIDAx is locked in Raydium liquidity pools. While holders have speculated that accumulating 51% could support a board claim, tokenized equities generally provide price exposure rather than ownership or voting rights, leaving the legal mechanics uncertain. Pratt has nevertheless expressed interest in what community-led shareholder groups might build.